Italian ministers and European Union officials gave a cool reception to a proposal by Matteo Renzi that Italy flout the EU’s fiscal rules for the next five years. Renzi, proposed Italy should run a stable budget deficit of 2.9 percent of gross domestic product for five years instead of trying to lower the deficit towards zero. Source Reuters
A number of migrants from Asia and Africa have taken advantage of the World Cup in Russia to try and reach the EU. Several have made it across to Finland, according to a German media report. Source: Deutsche Welle
Bulgaria will propose the immediate closure of the European Union’s external borders to migrants and the setting up of centers for war refugees outside its territory at the EU’s weekend mini-summit on migration. Source: Reuters
Turkey said on Thursday that it would be accepting applications for the construction and operation of a 1,200-MW offshore wind farm—the world’s biggest—by October 23. Source: Oil Price
